Automatic Data Processing (NASDAQ:ADP) Issues FY 2025 Earnings Guidance

Automatic Data Processing (NASDAQ:ADP) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 9.910-10.100 for the period, compared to the consensus EPS estimate of 9.970. The company issued revenue guidance of $20.2 billion-$20.4 billion, compared to the consensus revenue estimate of $20.2 billion. Automatic Data Processing also updated its FY25 guidance to $9.91-$10.10 EPS.

Analyst Ratings Changes

Several analysts have commented on the stock. TD Cowen decreased their price objective on shares of Automatic Data Processing from $253.00 to $251.00 and set a hold rating for the company in a research note on Thursday, May 2nd. Barclays lifted their price objective on shares of Automatic Data Processing from $280.00 to $282.00 and gave the company an overweight rating in a research note on Thursday, May 2nd. StockNews.com cut shares of Automatic Data Processing from a buy rating to a hold rating in a research note on Tuesday, July 2nd. JPMorgan Chase & Co. decreased their price objective on shares of Automatic Data Processing from $254.00 to $250.00 and set an underweight rating for the company in a research note on Thursday, May 2nd. Finally, Royal Bank of Canada restated a sector perform rating and set a $267.00 price objective on shares of Automatic Data Processing in a research note on Thursday. Two analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of Hold and a consensus target price of $259.64.

Automatic Data Processing Stock Performance

Shares of ADP traded up $2.22 during trading hours on Friday, hitting $263.52. The stock had a trading volume of 2,310,606 shares, compared to its average volume of 1,644,141. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a 50-day moving average price of $245.11 and a 200 day moving average price of $245.84. Automatic Data Processing has a fifty-two week low of $205.53 and a fifty-two week high of $269.49. The firm has a market capitalization of $107.86 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 2.72 and a beta of 0.78.

Automatic Data Processing (NASDAQ:ADP) last posted its earnings results on Wednesday, July 31st. The business services provider reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.03. The firm had revenue of $4.80 billion during the quarter, compared to analysts’ expectations of $4.74 billion. Automatic Data Processing had a net margin of 19.54% and a return on equity of 89.20%. The business’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.89 EPS. As a group, research analysts anticipate that Automatic Data Processing will post 10.01 EPS for the current year.

About Automatic Data Processing

Automatic Data Processing, Inc provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions.